By Admin 
Hindustan Copper Share: Shares of government company Hindustan Copper Limited are wreaking havoc in the stock market these days. In the last two sessions only, the shares of Hindustan Copper have increased by about 15 percent. Today, shares of Hindustan Copper Limited jumped by 9.4 percent, due to which its price increased to Rs 615.
Why did the shares rise?
There is a reason for this rise in the shares of Hindustan Copper. In fact, recently it has emerged as the highest bidder for a new copper block in Madhya Pradesh. With this announcement of the company, the confidence of investors regarding the growth prospects of the company has further increased amidst the growing global metal market.
On October 31, 2025, the company had participated in the tender process organized by the Mining Department of the Government of Madhya Pradesh to get permission for mining lease and composite license. The company said that the forward e-auction for award of composite license for Baghwari-Khirkhori copper and associated mineral block was successfully completed on January 22, 2026. The company also got its official approval on the same day. Earlier, Hindustan Copper had mentioned about starting underground mining operations in Kendadih Copper Mine located in Ghatshila area of Jharkhand.
Hindustan Copper shares in focus
Due to all this, Hindustan Copper shares have been attracting the attention of investors for the last few days. Wednesday is the third consecutive day when its shares are seeing a rise. Earlier on Tuesday it had gained 5 percent. On Friday also, shares of Hindustan Copper closed 0.7 percent higher at Rs 535.55 on BSE, which was higher than Rs 531.80 in the previous session.
Why is the demand for copper increasing?
Amidst the ever-increasing demand for copper in the global market, getting mining permission for this block is a strategic victory for the company towards securing the raw material resources. In the last six months, shares of Hindustan Copper have increased by about 139 percent. Due to shortage of supply and strong industrial demand, the demand for copper is increasing in our country also.
According to brokerage firm HDFC Securities, the demand for copper in India is expected to increase to 32.4 lakh tonnes by 2030 as its demand in renewable energy and technology sectors is increasing. Keeping this in mind, the company is also increasing its mining capacity.
According to HDFC Securities, the company has set a target of reaching 122 lakh tonnes of annual mining capacity from 40 lakh tonnes in FY25 to 122 lakh tonnes in FY31 and the company is trying hard to achieve this, hence Hindustan Copper shares remain in focus as a long-term investment.
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